ASSIGNMENT OF LICENSE AGREEMENT
This Assignment of License Agreement is entered into as of the 18th day of
April, 1997 between Katori Consultants, Ltd., a British Virgin Islands
("Assignor") and Best Way, Inc., a Nevada corporation ("Assignee")
RECITALS
WHEREAS, Assignor entered into a license agreement with Fountain Fresh
International, a Utah corporation "FFI") on April 17, 1997, a copy of which is
attached hereto as Exhibit A and incorporated herein as though fully set forth
("License"); and
WHEREAS, Assignor desires to assign all of its rights and interest in the
License to Assignee and Assignee has agreed to assume all of Assign's
obligations under the License; and
WHEREAS, FFI has approved the assignment of the License, as aforesaid.
NOW THEREFORE, in consideration of mutual promises contained herein, and other
good and valuable consideration, the receipt of which is acknowledge by FFL
Assignor and Assignee, the parties hereto agree as follows:
I Assignor hereby assignee all of its rights and interest in and to the license
and Assignee accepts such assignment and hereby agrees to assume all of the
obligations of Assignor under the License.
2. FFI hereby consents to the assignment of the License.
3. FFL Assignor and Assignee hereby acknowledge that all of the terms and
conditions of Section 15 of the Assignment have been complied with or waived in
connection with the foregoing assignment of the License.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
as of the date first above written.
FOUNTAIN FRESH INTERNATIONAL
A Utah corporation
/S/ Xxxxxxx X. Xxxxx /S/
--------------------------------- ----------------------------------
By: Xxxxxxx X. Xxxxx, President Secretary
KATORI CONSULTANTS, LTD.
A British Virgin Island Corporation
/S/ Xxxx Xxxxxxxxx
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By: Xxxx Xxxxxxxxx, Director
BEST WAY, Inc.
/S/ Xxxx Xxxxxx /S/ Xxxxxxxx XxXxxx
------------------------------------ ------------------------------
By: Xxxx Xxxxxx, President By: Xxxxxxxx Xxxxxx, Secretary
